BankUnited, Inc. operates as the bank holding company for BankUnited, National Association that provides a range of banking services to small and medium sized businesses, and individual and corporate customers in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts, as well as certificates of deposit; and treasury management services. Its loans portfolio includes small business loans, commercial real estate loans, equipment loans and leases, term loans, formula-based loans, municipal and non-profit loans and leases, commercial and residential mortgage warehouse lines of credit, letters of credit, and consumer loans, as well as purchases performing residential loans. The company also offers integrated on-line, mobile, and telephone banking services. As of December 31, 2017, it operated through a network of 87 branches located in 15 Florida counties; and 6 banking centers in the New York metropolitan area, as well as 89 automated teller machines. The company was formerly known as BU Financial Corporation. BankUnited, Inc. was founded in 2009 and is headquartered in Miami Lakes, Florida.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Federal savings institutions
Sub-IndustryRegional Banks
SectorFinance
SymbolNYSE:BKU
CUSIP06652K10
Phone305-569-2000
Debt
Debt-to-Equity Ratio1.45
Current Ratio0.95
Quick Ratio0.95
Price-To-Earnings
Trailing P/E Ratio15.10
Forward P/E Ratio12.17
P/E Growth1.37
Sales & Book Value
Annual Sales$1.36 billion
Price / Sales3.12
Cash Flow$2.6401 per share
Price / Cash15.17
Book Value$28.32 per share
Price / Book1.41
Profitability
EPS (Most Recent Fiscal Year)$2.65
Net Income$614.27 million
Net Margins45.31%
Return on Equity11.16%
Return on Assets1.05%
Miscellaneous
Employees1,763
Outstanding Shares106,070,000
Market Cap$4,216.26
BankUnited (NYSE:BKU) Frequently Asked Questions
What is BankUnited's stock symbol?
BankUnited trades on the New York Stock Exchange (NYSE) under the ticker symbol "BKU."
How often does BankUnited pay dividends? What is the dividend yield for BankUnited?
BankUnited declared a quarterly dividend on Tuesday, June 26th. Shareholders of record on Monday, July 16th will be given a dividend of $0.21 per share on Tuesday, July 31st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date of this dividend is Friday, July 13th. View BankUnited's Dividend History.
How will BankUnited's stock buyback program work?
BankUnited announced that its Board of Directors has approved a stock buyback plan on Wednesday, January 24th 2018, which authorizes the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's leadership believes its stock is undervalued.
How were BankUnited's earnings last quarter?
BankUnited (NYSE:BKU) posted its earnings results on Wednesday, April, 25th. The financial services provider reported $0.77 EPS for the quarter, topping the consensus estimate of $0.72 by $0.05. The financial services provider had revenue of $275.80 million for the quarter, compared to the consensus estimate of $271.96 million. BankUnited had a return on equity of 11.16% and a net margin of 45.31%. During the same period in the prior year, the business posted $0.57 EPS. View BankUnited's Earnings History.
When is BankUnited's next earnings date?
What price target have analysts set for BKU?
11 brokers have issued 12-month price targets for BankUnited's stock. Their forecasts range from $35.00 to $50.00. On average, they expect BankUnited's share price to reach $43.75 in the next year. This suggests a possible upside of 9.9% from the stock's current price. View Analyst Ratings for BankUnited.
What is the consensus analysts' recommendation for BankUnited?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BankUnited in the last year. There are currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
Who are some of BankUnited's key competitors?
Some companies that are related to BankUnited include E*TRADE Financial (ETFC), People's United Financial (PBCT), Umpqua (UMPQ), TFS Financial (TFSL), BofI (BOFI), Flagstar Bancorp (FBC), LegacyTexas Financial Group (LTXB), Provident Financial Services (PFS), Capitol Federal Financial (CFFN), Brookline Bancorp (BRKL), OceanFirst Financial (OCFC), Kearny Financial (KRNY), Meta Financial Group (CASH), BBX Capital Corp Class B (BBXTB) and Northfield Bancorp (NFBK).
Who are BankUnited's key executives?
BankUnited's management team includes the folowing people:
- Mr. Rajinder P. Singh, Pres, CEO & Director (Age 47)
- Ms. Leslie N. Lunak, Chief Financial Officer (Age 60)
- Mr. Thomas M. Cornish, Chief Operating Officer (Age 59)
- Mr. Jeffrey Starr, Gen. Counsel of BankUnited, National Association (Age 57)
- Mr. Rishi Bansal, Chief Investment Officer of BankUnited, National Association (Age 44)
Has BankUnited been receiving favorable news coverage?
News headlines about BKU stock have trended somewhat positive recently, according to Accern Sentiment. The research firm rates the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. BankUnited earned a news sentiment score of 0.20 on Accern's scale. They also assigned news stories about the financial services provider an impact score of 46.01 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
Who are BankUnited's major shareholders?
BankUnited's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Copper Rock Capital Partners LLC (0.47%), Bank of Montreal Can (0.45%), Assenagon Asset Management S.A. (0.32%), First Financial Bank Trust Division (0.10%), KAMES CAPITAL plc (0.02%) and Clinton Group Inc. (0.02%). Company insiders that own BankUnited stock include Douglas J Pauls, Eugene F Demark, Jeffrey Starr, John Adam Kanas, Joseph Roberto, Mark Bagnoli and Rajinder P Singh. View Institutional Ownership Trends for BankUnited.
Which major investors are selling BankUnited stock?
BKU stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A. and Rathbone Brothers plc. Company insiders that have sold BankUnited company stock in the last year include Douglas J Pauls, Eugene F Demark, Jeffrey Starr, John Adam Kanas, Mark Bagnoli and Rajinder P Singh. View Insider Buying and Selling for BankUnited.
Which major investors are buying BankUnited stock?
BKU stock was purchased by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Bank of Montreal Can, KAMES CAPITAL plc, Clinton Group Inc., Fox Run Management L.L.C., State of Alaska Department of Revenue and First Financial Bank Trust Division. View Insider Buying and Selling for BankUnited.
How do I buy shares of BankUnited?
Shares of BKU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is BankUnited's stock price today?
One share of BKU stock can currently be purchased for approximately $39.82.
How big of a company is BankUnited?
BankUnited has a market capitalization of $4.22 billion and generates $1.36 billion in revenue each year. The financial services provider earns $614.27 million in net income (profit) each year or $2.65 on an earnings per share basis. BankUnited employs 1,763 workers across the globe.
How can I contact BankUnited?
BankUnited's mailing address is 14817 OAK LANE, MIAMI LAKES FL, 33016. The financial services provider can be reached via phone at 305-569-2000 or via email at [email protected]
MarketBeat Community Rating for BankUnited (NYSE BKU)
MarketBeat's community ratings are surveys of what our community members think about BankUnited and other stocks. Vote "Outperform" if you believe BKU will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BKU will underperform the S&P 500 over the long term. You may vote once every thirty days.
